Landry's Restaurants, Inc.
Landry's Restaurants, Inc. Announces 2008 Revenues
Published in Health Business Week, February 13th, 2009
Landry's Restaurants, Inc. (NYSE:LNY), announced that revenues for 2008 are expected to be approximately $1.1 billion, comprised of $891.0 million for the restaurant and hospitality group which reflects $13.0 million in lost revenue as a result of Hurricane Ike and $253.0 million for the Golden Nugget. Same store sales for the year are expected to be a negative 2% when the Company reports its 2008 fourth quarter and full year results in March 2009, while 2008 adjusted EBITDA (Earnings before interest, income taxes, depreciation and amortization) is expected to be between $136.0 million and $138.0 million for the restaurant and hospitality group and between $62.0 million and $63.0 million...
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Source: Health Business Week (2009-02-13)
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